SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) Stock Position Raised by Brown Financial Advisory

Brown Financial Advisory lifted its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 911,088 shares of the company’s stock after buying an additional 28,499 shares during the period. SPDR Portfolio S&P 500 ETF comprises 44.6% of Brown Financial Advisory’s investment portfolio, making the stock its biggest holding. Brown Financial Advisory owned approximately 0.16% of SPDR Portfolio S&P 500 ETF worth $62,810,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Swmg LLC grew its position in SPDR Portfolio S&P 500 ETF by 0.3% during the fourth quarter. Swmg LLC now owns 49,271 shares of the company’s stock worth $3,515,000 after buying an additional 144 shares during the period. Integrity Wealth Solutions LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 0.5% during the 4th quarter. Integrity Wealth Solutions LLC now owns 28,653 shares of the company’s stock worth $1,975,000 after acquiring an additional 145 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 19.9% during the 4th quarter. Sound Income Strategies LLC now owns 922 shares of the company’s stock worth $64,000 after acquiring an additional 153 shares in the last quarter. Summit Financial Strategies Inc. grew its holdings in shares of SPDR Portfolio S&P 500 ETF by 1.8% in the 3rd quarter. Summit Financial Strategies Inc. now owns 8,790 shares of the company’s stock worth $593,000 after acquiring an additional 155 shares during the period. Finally, My Personal CFO LLC increased its stake in SPDR Portfolio S&P 500 ETF by 0.5% in the 3rd quarter. My Personal CFO LLC now owns 30,906 shares of the company’s stock valued at $2,086,000 after purchasing an additional 158 shares in the last quarter.

SPDR Portfolio S&P 500 ETF Stock Performance

SPLG opened at $70.80 on Friday. The company has a market cap of $41.29 billion, a price-to-earnings ratio of 26.64 and a beta of 1.00. SPDR Portfolio S&P 500 ETF has a one year low of $56.80 and a one year high of $71.85. The business’s fifty day moving average is $70.31 and its two-hundred day moving average is $67.77.

SPDR Portfolio S&P 500 ETF Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.